Microcredit programmes must learn to survive under all disaster situations

Dr Yunus on the future of microcredit and social business.
14 March 2021, 12:03 PM

BFIU seeks bank details of SK Sur, 4 others

The Bangladesh Financial Intelligence Unit (BFIU) has sought for the bank details of SK Sur Chowdhury, former deputy governor of Bangladesh Bank, his spouse and BB Executive Director Shah Alam and his spouses.
14 March 2021, 11:24 AM

Billionaire Mackenzie Scott is giving her fortune away and turning philanthropy on its head

In just over a year, author and philanthropist MacKenzie Scott turned the world of charitable giving on its head.
13 March 2021, 18:00 PM

China’s Ant Group CEO leaves after failed IPO prompts revamp

China’s Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant’s business, the first top management exit since a scuppered $37 billion initial public offering.
13 March 2021, 18:00 PM

Apparel exports: resilience and future challenges

The Covid-19 pandemic has resulted in over 114 million infections and a staggering 2.5 million deaths worldwide. It has crippled health systems, deteriorated living standards, and exacerbated inequality.
13 March 2021, 18:00 PM

How Toyota thrives when the chips are down

Toyota may have pioneered the just-in-time manufacturing strategy but when it comes to chips, its decision to stockpile what have become key components in cars goes back a decade to the Fukushima disaster.
13 March 2021, 18:00 PM

BSEC looking into complaints raised over Padma Bank

The Bangladesh Securities and Exchange Commission (BSEC) is investigating complaints regarding Padma Bank and it will take action as per the law, Shibli Rubayat-Ul-Islam, chairman of the commission, said yesterday.
13 March 2021, 18:00 PM

African economies likely to rebound 3.4pc this year

African economies are expected to grow by an average of 3.4 per cent this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century.
13 March 2021, 18:00 PM

Govt takes Tk 438cr project to cultivate fallow lands

The government has taken on a Tk 438 crore project to cultivate fallow lands across the country, according to Agriculture Minister Muhammad Abdur Razzaque.
13 March 2021, 18:00 PM

IDLC, Unicef to improve healthcare in seven Sylhet tea gardens

IDLC Finance and United Nations International Children’s Emergency Fund (Unicef) have entered into a partnership to improve maternal and neonatal health rights and nutrition for 7,000 women, 3,000 under-five children and 5,000 adolescents in seven tea gardens of Sylhet.
13 March 2021, 18:00 PM

Tk 5,883cr digital connectivity project on way

The government is set to undertake a huge Tk 5,883 crore digital connectivity project, in a move that could equip every corner of the country with the latest ICT infrastructure, making almost all government services digital and increasing the use of ICT at field levels.
13 March 2021, 18:00 PM

QR codes, health passports: China’s tech arsenal against a pandemic

Daily life in China follows a rhythm of digital check-ins, with the QR code -- at offices, malls and transport hubs -- an integral defence against Covid-19 that helps to track, trace and isolate patients.
13 March 2021, 18:00 PM

Capital machinery import yet to get momentum

Import of capital machinery, industrial raw materials and intermediate goods is yet to get momentum despite the pickup in economic activity in Bangladesh because of the persisting coronavirus pandemic.
13 March 2021, 18:00 PM

Apsis Solutions gets new CEO

Information technology provider Apsis Solutions has recently appointed a new chief executive officer.
13 March 2021, 18:00 PM

No overnight relief from losses

The Bangladesh Sugar and Food Industries Corporation (BSFIC) will not get relief from the losses anytime soon despite closing six mills.
13 March 2021, 18:00 PM

HSBC to phase out coal funding

HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing to shareholder pressure to do more to tackle global warming.
13 March 2021, 18:00 PM

Sugarcane farmers suffer massive losses

Sugarcane growers based in six catchment areas have suffered heavy losses this year as the total weight of the crops shrivelled because of a late harvest, bringing down sugar yield.
13 March 2021, 18:00 PM

Prime Bank’s new MD

Hassan O Rashid has recently joined Prime Bank as the managing director and chief executive officer.
13 March 2021, 18:00 PM

New top brass for frozen foods exporters’ assoc

Md Amin Ullah, managing director of Ark Sea Foods Ltd in Chattogram, has been elected as president of Bangladesh Frozen Foods Exporters Association (BFFEA) for 2021-22.
13 March 2021, 18:00 PM

Boeing unveils order for troubled 737 MAX, shares jump

Boeing Co unveiled a new order for its 737 MAX on Friday, pushing its shares up 6 per cent as it renews efforts to recapture investor confidence following a two-year safety crisis.
13 March 2021, 18:00 PM